PULLAN_HUNT_LIMITED - Accounts

PULLAN HUNT LIMITED - Company Information

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Company Registration No. 04052896 (England and Wales)

PULLAN HUNT LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2016

PULLAN HUNT LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

PULLAN HUNT LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 JULY 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

2,036

1,716

Current assets

Stocks

11,676

8,883

Debtors

233,541

148,074

Cash at bank and in hand

2,743

2,497

247,960

159,454

Creditors: amounts falling due within one year

(246,740)

(160,266)

Net current assets/(liabilities)

1,220

(812)

Total assets less current liabilities

3,256

904

Capital and reserves

Called up share capital

100

Profit and loss account

3,156

804

Shareholders' funds

3,256

904

For the financial year ended 31 July 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 14 September 2016

Mr S Pullan

Mr B Hunt

Director

Company Registration No. 04052896

PULLAN HUNT LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

20% Reducing balance

Computer equipment

25% Reducing balance

Motor vehicles

25% Reducing balance

Fixed assets

Tangible assets

Cost

At 1 August 2015

19,158

Additions

949

Disposals

(1,250)

At 31 July 2016

18,857

Depreciation

At 1 August 2015

17,442

On disposals

(1,105)

Charge for the year

484

At 31 July 2016

16,821

Net book value

At 31 July 2016

2,036

At 31 July 2015

1,716

PULLAN HUNT LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2016

- 3 -

Share capital

2016

2015

Allotted, called up and fully paid

99 A Ordinary Shares of £1 each

1 B Ordinary Share of £1 each

100

A Ordinary Shares have the right to attend meetings, the right to vote, the right to receive dividends voted on A Ordinary Shares and the right to a capital distribution on a winding up.

B Ordinary Shares have no right to vote and no right to a capital distribution on a winding up, but have the right to receive dividends voted on B Ordinary Shares.